New investment and trade office for Frankfurt
Western Australia is saying guten Tag to Frankfurt with a new international investment and trade office.
Recognising the growing opportunities for Western Australia in a range of sectors, Frankfurt will be the first spoke office established within the London-based United Kingdom/Europe Hub of the Western Australian International Investment and Trade Office Network.
Expected to be open from 1 January 2023, the setup and operations of the Frankfurt office will be overseen by the Agent General for Western Australia, Mr John Langoulant AO, who is based in London.
The WA Government’s 2022-23 State Budget included $17.1 million to expand Western Australia’s international network and support an ‘invest and trade’ global marketing campaign.
The new office was announced by Deputy Premier Roger Cook at an Invest and Trade WA showcase dinner held in Frankfurt on Tuesday, 21 June 2022.
The Deputy Premier is visiting Frankfurt as part of an Invest and Trade WA mission to the United Kingdom and Germany to promote investment and trade opportunities and showcase Western Australia’s industry capabilities.
Germany is Western Australia’s 13th largest trading partner, with AUD $3.1 billion of goods traded in 2021. Last year, Western Australia accounted for 17 per cent of Australia’s total trade in goods with Germany.
With its growing interest in clean energy, including renewable hydrogen, Germany is an important investment and trade partner for Western Australia.
Frankfurt is also an ideal location to leverage opportunities in other industry sectors such as battery and critical minerals, creative industries, information technology, telecommunications, biotechnology and life sciences.
If you are looking for opportunities in business, investment or trade, contact our experienced team at Invest and Trade Western Australia. Our in-house experts can support you directly and provide referrals or introductions across our network of overseas offices, industry bodies and government agencies.
Published on: 24 June 2022
Get in touch
If you are looking for opportunities in business, investment or trade, contact our experienced team at Invest and Trade WA.
Our in-house experts can support you directly and provide referrals or introductions across our network of overseas offices, industry bodies and government agencies.
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